Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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Main Photo: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
Photo 1: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
Photo 2: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
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Photo 10: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
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Photo 13: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
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Photo 17: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
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Photo 22: 8 12 Heritage Road in Markham: Bullock Commercial for sale : MLS®# N13044256
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N13044256
Bus Major:
Automotive Related
Well-Established Auto Mechanic Business Located In A Prime High-Traffic Markham Commercial Area. Exceptional Opportunity To Acquire A Fully Equipped, Turnkey Auto Mechanic Shop Run By Same Owner Past 32 Years With A Strong Existing Client Base And An Excellent Reputation For Professional Service. The Purchase Includes All Chattels, Fixtures And Equipment Currently On-Site AS IS Condition, Except The Personal Toolbox. This Asset Sale Provides Everything You Need To Walk In And Start Operating Immediately: Including Three Hoists, Tire Changer, Tire Balancer, Air Compressor, Engine Jack, Torch, Two Oil Tanks, Waste Oil Tank, Engine Oil Drainer, Heavy-Duty Work Table, Bench Vise, And More. In Additional Include A Office With Wall Unit TV, Computer And Table. Financial Statements Available Upon Request After Accepted Offer, Purchasers Upon Execution Of A Confidentiality Agreement. Currently Rent Of $4273 Per Month (Including TMI).
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Approx. Age:
31-50
Total Area:
1650 sq. ft. Square Feet
Total Area:
1,650 sq. ft.
Retail Area:
1650 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Shape:
Rectangular
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
M-Automotive Use
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
5
Possession Details:
Immediately
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
York
Markham
Bullock
Major Highway, Public Transit
No
Fridge, Microwave, Wall Unit TV, Office Desk, Chair And Computer.
Personals Tool Boxes.
None
UFFI:
No
Utilities:
Available
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
Yes
Major Business Type:
Automotive Related
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
9: 00 Am - 5:00 Pm
Employees:
2
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
3
Number of Drive-In Level Shipping Doors:
1
Height of Drive-In Level Shipping Doors:
10'
Width of Drive-In Level Shipping Doors:
5'
Number of Truck Level Shipping Doors:
0
Date Listed:
Apr 25, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/FUTURE REALTY INC.
Data was last updated April 25, 2026 at 06:15 PM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.